Comity describes the principle that one state will respect another state’s actions. But occasionally policy differences provoke a reaction. Thus, a Louisiana Judge has just issued an injunction to prevent the Pennsylvania Insurance Commissioner from enforcing a plan to rehabilitate an insurance company by increasing rates and cutting benefits. The Louisiana Judge ruled that he could not so disadvantage Louisiana’s policyholders. For more details, see www.bizneworleans.com/louisiana-insurance-commissioner-battling-pennsylvania-counterpart-over-failed-insurer.
For more information about preliminary injunctions in business lawsuits, get in touch with Thomas E. Patterson at 312-750-1822 or email@example.com.